Hi there,

From our first broadcast nearly 30 years ago, Democracy Now! has always been fiercely independent. Over these last 3 decades, our daily global news hour has been a source of truth in a media landscape all too often bought by commercial interests. Can you start a monthly donation? Monthly donations are the lifeblood of Democracy Now!.Thanks to a group of generous donors, all monthly donations started today will be DOUBLED, which means your $15 gift is worth $30. If you believe that freedom of speech and freedom of the press are essential to the functioning of a democratic society, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Panel Announces Results of Social Security Study

Listen
Media Options
Listen

Yesterday, a 13-member Federal panel announced the results of its 2-year-long study into Social Security system. Although the panel was split, the majority of members favored what is being called a “privatization” option — that is, moving Social Security away from a Federal-run system that guarantees monthly payments to retirees to a new system, one characterized by individual accounts with Wall Street brokerage houses and mutual fund companies. Trade unions yesterday pledged an all-out fight against the privatization of the social security system.

Guests: via TAPE: JERRY SHEA, assistant to the president of the AFL-CIO and a member of the Social Security Advisory Panel that released its report yesterday.

TAPE: GLORIA JOHNSON, president of the Coalition of Labor Union Women and the vice president of the Electrical Workers Union. She was a member of the Social Security Advisory Panel.

TAPE: EDITH FIERST, a pension fund lawyer and a member of the Social Security Advisory Panel.

Related Story

StoryApr 28, 2025Former Social Security Chief Martin O’Malley Warns of “Collapse of the Entire System” Under Trump
The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top